Daily Charts Update - BTSG, NEON & LUNR
1. $BrightSpring Health Services Inc.(BTSG)$
A continued sideways movement towards <3.8x ATR% extension from 50-MA and further volume contraction would shift this into my focus list
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Some RS 99 leaders in semiconductor group that totally did not appear in my radar. I adjusted my setting by 1-Month RS Rank
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Last week, amphtrading indicator on tradingview caught my attention. It provides an instant display of industry group peers at above 2B market cap ranked by either i) RS, ii) % Gain, iii) and YTD %. I've been using FinanceCharts website 'Competitors Key Metrics' to assess whether a focused stock is lagging behind its peers.
This tool allows for quick evaluations, making it a valuable addition to my screening and watchlist evaluation process. I highly recommend to create a new template to incorporate this free indicator for screening process and go through the highlighted strongest peers in any of your screened stock result.
This is the first version of the indicator, and I already have several ideas for enhancements and improvements. Feel free to share your suggestions and feedback in the thread below.
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